NORFRA AS

9006 TROMSØ

Finances

Return on Equity

3,98 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	499 385 000	469 136 000	385 898 000	472 646 000
Net Income	3 569 000	13 579 000	−5 796 000	14 666 000
Total Assets	189 290 000	174 487 000	129 001 000	148 479 000
Total Equity	89 712 000	87 957 000	78 309 000	84 105 000

Income (NOK)	2022	2021	2020	2019
Revenue	499 385 000	469 136 000	385 898 000	472 646 000
Expenditure	502 166 000	451 491 000	386 301 000	450 131 000
Operating Profit	4 021 000	16 627 000	−2 136 000	19 840 000
Financial Income	13 002 000	9 442 000	13 850 000	7 944 000
Financial Costs	12 509 000	8 636 000	19 153 000	9 042 000
Financial Balance	493 000	806 000	−5 303 000	−1 098 000
Earnings Before Tax	4 515 000	17 433 000	−7 439 000	18 742 000
Tax	945 000	3 854 000	−1 643 000	4 076 000
Net Income	3 569 000	13 579 000	−5 796 000	14 666 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 544 000	95 072 000	67 941 000	63 657 000
Total Current Assets	87 746 000	79 415 000	61 061 000	84 823 000
Total Assets	189 290 000	174 487 000	129 001 000	148 479 000
Total Retained Equity	86 688 000	84 933 000	75 285 000	81 081 000
Total Equity	89 712 000	87 957 000	78 309 000	84 105 000
Total Long-Term Debt	44 557 000	49 482 000	29 083 000	21 832 000
Total Current Debt	55 021 000	37 048 000	21 609 000	42 542 000
Total Equity and Debt	189 290 000	174 487 000	129 001 000	148 479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	496 239 000	465 534 000	382 210 000	464 743 000
Other Income	3 146 000	3 602 000	3 689 000	7 903 000
Revenue	499 385 000	469 136 000	385 898 000	472 646 000
Cost of Goods Sold	403 777 000	356 049 000	318 540 000	384 719 000
Salary Costs	65 335 000	61 739 000	46 263 000	44 455 000
Depreciation	8 644 000	9 339 000	5 599 000	5 164 000
Impairment	0	0	0	0
Expenditure	502 166 000	451 491 000	386 301 000	450 131 000
Operating Profit	4 021 000	16 627 000	−2 136 000	19 840 000
Financial Income	13 002 000	9 442 000	13 850 000	7 944 000
Financial Costs	12 509 000	8 636 000	19 153 000	9 042 000
Financial Balance	493 000	806 000	−5 303 000	−1 098 000
Dividends	1 814 000	3 931 000	0	1 210 000
Net Income	3 569 000	13 579 000	−5 796 000	14 666 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 123 000	1 047 000
Real Eastate	74 792 000	73 012 000	48 333 000	49 614 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 384 000	11 318 000	7 398 000	8 513 000
Total Tangible Assets	91 176 000	84 330 000	55 731 000	58 128 000
Total Fiancial Fixed Assets	10 368 000	10 742 000	10 087 000	4 483 000
Total Fixed Assets	101 544 000	95 072 000	67 941 000	63 657 000
Stock	34 145 000	16 530 000	24 149 000	29 186 000
Total Investments	0	0	0	0
Cash, Bank	2 580 000	29 148 000	11 179 000	1 646 000
Total Current Assets	87 746 000	79 415 000	61 061 000	84 823 000
Total Assets	189 290 000	174 487 000	129 001 000	148 479 000
Total Equity	89 712 000	87 957 000	78 309 000	84 105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 557 000	49 482 000	29 083 000	21 832 000
Creditors	15 295 000	14 292 000	9 892 000	14 400 000
Unpaid Taxes	7 036 000	7 430 000	6 040 000	7 056 000
Dividends	1 814 000	3 931 000	0	1 210 000
Other Current Debt	6 587 000	6 552 000	5 656 000	5 941 000
Total Current Debt	55 021 000	37 048 000	21 609 000	42 542 000
Total Equity and Debt	189 290 000	174 487 000	129 001 000	148 479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,98 %	15,44 %	−7,4 %	17,44 %
Debt-to-Equity Ratio	0,5	0,56	0,37	0,26
Operating Profit Margin	0,81 %	3,54 %	−0,55 %	4,2 %
Current Ratio	1,59	2,14	2,83	1,99
Quick Ratio	4,2	3,87	−24,04	6,35
Equity Ratio	0,47	0,5	0,61	0,57
Gross Profit Margin	19,15 %	24,11 %	17,45 %	18,6 %